inflation

Egypt debt weighs heavily on already-burdened budget
Business

Egypt debt weighs heavily on already-burdened budget

When President Hosni Mubarak resigned on 11 February, he left behind a troubled economy. One of his more potent economic…
Egypt inflation jumps to a year high on food prices
Business

Egypt inflation jumps to a year high on food prices

Urban consumer inflation in Egypt accelerated to 12.1 percent in April, its highest in a year, on the back of…
Egypt’s central bank leaves interest rates steady
Business

Egypt’s central bank leaves interest rates steady

Egypt's central bank kept its key overnight interest rates steady on Thursday in a bid to foster economic growth without…
Egypt’s inflation rises to 11.5% in March
Business

Egypt’s inflation rises to 11.5% in March

Urban consumer inflation in Egypt rose to 11.5 percent in the 12 months to March from 10.7 percent in February,…
Egypt inflation eases slightly in Feb, Central Bank rates eyed
Business

Egypt inflation eases slightly in Feb, Central Bank rates eyed

Egyptian inflation slowed in the year to February, supporting a hold in central bank interest rates on Thursday to support…
The economic revolution is yet to happen
Business

The economic revolution is yet to happen

“All our economic losses are a small price to pay for freedom,” said renowned businessman Naguib Sawiris to audience applause…
Egyptians face food hardship after protests
Business

Egyptians face food hardship after protests

Electrician Hassan Ibrahim, a father of three, hopes Egypt's revolution will speed the day he no longer lives in fear…
Inflation jump would be risk to Egypt outlook, says analyst
Business

Inflation jump would be risk to Egypt outlook, says analyst

London--Any rise in Egyptian inflation could present a risk to Egypt's stable ratings outlook, a senior analyst at Fitch Ratings…
Egypt govt vows to bear cost of anticipated global price hikes on food
Egypt

Egypt govt vows to bear cost of anticipated global price hikes on food

The Egyptian government on Monday vowed to shoulder the cost of any new global food price increases this year.Trade and…
IDSC cites inflation, unemployment, corruption, insecurity as Egypt’s ‘main problems’
Egypt

IDSC cites inflation, unemployment, corruption, insecurity as Egypt’s ‘main problems’

Egyptian citizens suffer from four main problems, namely, rising prices, unemployment, official corruption, and feelings of insecurity, Maged Othman, head…
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